Net Capital Activity definition
Net Capital Activity means the net cash movement of subscriptions and redemptions into and out of a particular Fund across all share classes on a given Business Day.
Net Capital Activity means the net cash movement of subscriptions and redemptions into and out of a particular Fund across all Classes on a given Dealing Day (taking into account subscriptions and/or redemptions which would be effected as a result of requests for conversion from one Fund into another Fund).
Net Capital Activity means the net cash movement of subscriptions and redemptions into and out
More Definitions of Net Capital Activity
Net Capital Activity means the net cash movement of subscriptions and redemptions into and out of a particular Fund across all Classes on a given Dealing Day (taking into account subscriptions and/or redemptions which would be effected as a result of requests for conversion from one Fund into another Fund). “Swing Factor” means such amount, as determined by the Directors, by which the Net Asset Value per Share may be adjusted upwards or downwards in order to take account of dealing, other costs and fiscal charges, provided that where disclosed in the relevant Supplement, the Swing Factor shall not exceed such amount of the Net Asset Value as disclosed in the relevant Supplement and provided further that, for the purposes of calculating the expenses of a Fund, the Administrator may, where specified in the relevant Supplement, continue to use the unswung Net Asset Value.
Net Capital Activity means the net cash movement of subscriptions and